Latest Beacon Minerals (Asx:Bcn) News

Beacon Minerals Limited has announced a proposed 40, 1 share consolidation aimed at creating a more effective capital structure and enhancing its share price appeal. The move awaits shareholder approval at the July 7 general meeting.

Beacon Minerals Limited has announced plans for a significant 40-for-1 consolidation of its shares and options, pending shareholder approval in July 2025. This move aims to streamline the capital structure and adjust option exercise prices accordingly.

Beacon Minerals has completed a major drilling campaign at its Lady Ida Iguana Deposit, revealing promising near-surface gold zones and setting the stage for mining to begin in 2026.

Beacon Minerals has secured an option agreement to acquire the Wealth of Nations gold tenements near its Jaurdi processing plant, setting the stage for renewed exploration and potential resource growth.

Beacon Minerals has secured key regulatory approvals to launch multiple drilling programs at its Lady Ida Iguana Project, setting the stage for intensified exploration activity over the coming months.

Beacon Minerals delivered a robust December quarter with gold production rising 31% to 6,861 ounces, surpassing guidance and underpinning a strong financial position bolstered by a $10.3 million entitlement issue.

Beacon Minerals has launched an eight-hole diamond drilling program at its Lady Ida Iguana Deposit, aiming to refine mine design and deepen geological understanding. Results are anticipated in the second quarter of 2025.

Beacon Minerals Limited has reported a strong December quarter at its Jaurdi Gold Project, producing 6,861 ounces of gold—exceeding guidance and setting the stage for further growth in 2025.